Dollar Toilet Paper
Yeap. It’s coming. Hyperinflation. I’m not being pessimistic but all the shit the US gov’t is doing, governments of the past HAS done…. print money to cover debt. *sigh* What can you do? Buy gold and silver.
Soon, we’lll all be “rich” b/c we’ll be wiping our asses with the Benjamins:
If I could go back in time to Benjamin Franklin’s days when his enemy shouted “Ben Franklin, kiss my ass!”.. i would say, “yes he will”
“It’s coming” … ahh, any time frame you care to share?
Any one who spends a few minutes searching Internet blogs will quickly be up to speed in the inflation/deflation debate. Currently the deflationists seem to have the upper hand.
They claim the freshly created money is mostly sitting in banks and likely it will stay that way for years. They believe there’s far too much consumer debt and rampant unemployment to invoke inflation. In a nutshell, they say credit is being destroyed faster than Ben can print.
It’s a strong argument, in fact I can’t counter it. Can you?
Comment by Bilter — August 14, 2009 @ 11:55 pm